You own 100 shares of Troll Brothers stock,which currently sells for $120 a share.The company is contemplating a 2-for-1 stock split.What will your position be after such a split takes place?
A) You will have 200 shares of stock, and the stock will trade at or near $120 a share.
B) You will have 200 shares of stock, and the stock will trade at or near $60 a share.
C) You will have 50 shares of stock, and the stock will trade at or near $120 a share.
D) You will have 50 shares of stock, and the stock will trade at or near $60 a share.
Correct Answer:
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